Two or more items are omitted in each of the following tabulations of income statement data. Fill
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2015 $290,000 6,000 2016 2017 $410,000 Sales Sales returns Net sales Beginning inventory Ending inventory Purchases Purchase returns and allowances Transportation-in Cost of goods sold Gross profit on sales 13,000 347,000 32,000 20,000 5,000 8,000 238,000 46,000 260,000 8,000 9,000 298,000 10,000 12,000 303,000 97,000 91,000
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2015 2016 2017 Sales 290000 360000 410000 Sales returns 6000 13000 10000 Net sales 284000 3470...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-1119048534
11th Canadian edition Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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